SEC charges against Binance and Coinbase are terrible for DeFi
The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance. Go to Source Powered by WPeMatico
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Robinhood will end support for 3 tokens named in SEC lawsuits
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens. Go to Source Powered by WPeMatico
Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up
Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm and how regulators are targeting AI-generated fake news. Go to Source Powered by WPeMatico
DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined
The top-100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell below $50 billion again. Go to Source Powered by WPeMatico
Binance VP of Marketing: crypto needs to ‘double down’ on community support
Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity. Go to Source Powered by WPeMatico
Moody’s downgrades Coinbase citing ‘uncertain magnitude’ of SEC charges
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as “uninvestable” in the near term. Go to Source Powered by WPeMatico
Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing. Go to Source Powered by WPeMatico
SEC is killing innovation in United States – 1inch co-founder
American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US. Go to Source Powered by WPeMatico
Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics
Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level. Go to Source Powered by WPeMatico
ARK Invest buys Coinbase shares the same day SEC serves lawsuit
ARK Invest bought over 400,000 shares of Coinbase stock totaling more than $21 million on the day the SEC served the exchange with a lawsuit. Go to Source Powered by WPeMatico